History & Civics
Mention the financial powers of the State Legislature.
State Legislatures
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Answer
The financial powers of the State Legislature are as follows:
- The Budget: The State Legislature passes the State Budget, which contains the estimates of receipts and expenditure of the State Government.
- Permission for Taxes: No tax can be imposed or money expended by the State Government without the approval of the State Legislature.
- Fixing of Salaries: Members of the Legislative Assemblies and the Legislative Councils receive such salaries and allowances as may be determined by the State Legislature from time to time.
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